What is the difference between the Child Development Account First Step Grant given by the Large Families Scheme and the Baby Bonus Scheme?
Currently, all Singapore Citizen (SC) children receive a $5,000 CDA FSG under the Baby Bonus Scheme.
Children of 3rd or subsequent birth order born on or after 18 February 2025 will receive an additional CDA FSG of $5,000 under the Large Families Scheme, bringing the total CDA FSG to $10,000.
Related questions
Who is eligible for the increased Child Development Account First Step Grant?
My child has passed away before the Large Families Scheme benefits have been paid out. Will he/she still qualify?
What are the benefits under the Large Families Scheme?
How is the Large Families Scheme different from the Baby Bonus Scheme?
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